As someone in the preservation phase of their financial journey all I said was any less than a 7% return I'll invest in things that require less work. 

Preserving low density in greater metro areas (suburbs) has been a mistake on so many levels.

I consider turnkey more of a capital preservation strategy than a growth game.  

That way, I could preserve my cash for the rehab.

Background - Abusive Transactions Involving Charitable Contributions of EasementsIn recognition of our need to preserve our heritage, Congress allowed an income tax deduction for owners of significant property who give up certain rights of ownership to preserve their land or buildings for future generations."

The city unveiled this week the "Housing Phoenix Plan," which sets a goal to create or preserve 50,000 more housing units by 2030.

Aloha,Your Board Members over at least the past five years, likely longer, have failed at their ONE job- Protect, Preserve, and Maintain all common and limited common elements.

Wealth construction and preservation is all about having a plan in place.

I'd like to own it to keep out a Mcmansion or trailer next door and preserve the old-growth cove my house sits in.

OKAY,  you increased your equity position and thus the LTV went way down.So now you have stagnate funds tied up in the property and the new loan payment increases the cash flow.That may well be a very conservative play if you're positive that rates will go thru the roof, but also may have put you underwater if there's a housing crash and prices go into the toilet.IMO, staying liquid in times of uncertainty allows more flexibility.The investors axiom is preserve cash and use OPM whenever possible.